Sangakkara Picture Perfect With Another Lord’s Century

Not content with scoring one century at Lord’s in a match where his portrait was unveiled in the Pavilion, Sri Lanka great Kumar Sangakkara added another for Surrey against county champions Middlesex on Sunday. The veteran left-hander’s 114 had been the cornerstone of the visitors’ first-innings 313. Sangakkara topped that on Sunday with an unbeaten … Read more

Let’s Tap Sports For Economic Growth – CDH Group CEO

The Group Chief Executive of CDH Financial Holdings Limited, Emmanuel Adu-Sarkodee, says the time is due for Ghana to strategise and tap into the immense economic potentials of sports for the benefit of the economy and the people of Ghana. He says sports is a tool and vital catalyst for economic and social growth for … Read more

Good Work, Dr. Bawumia and NPP Government On Trade Facilitation

Ports and Harbours journalist, Samuel Agyeman reports that ‘’The Vice-President, Dr. Bawumia has just announced 3 major policy ideas which are expected to improve port efficiency in Ghana. These are essentially; (1) From 1st September 2017, there should be mandatory Joint inspection at Ports. This is a departure from the situation where about 16 agencies … Read more

SIC Supports KATH With GHc 70,400

SIC Insurance Company, has presented a cheque for GHȼ70,400.00 in support of the Pediatric Intensive Care Unit (PICU) of the Komfo Anokye Teaching Hospital (KATH). This is to assist the facility to procure pediatric optic bronchoscope and echocardiogram machines for efficient treatment and management of children on admission. Mr. Faris Attrickie, Managing Director of the … Read more

Newly Recruited Teachers To Strike 22 May

Members of the Newly Recruited Teachers from Colleges of Education have issued a notice of a nationwide strike on Monday 22 May, for the non-payment of their salary arrears. The teachers said their action had become necessary following the silence of the Ministry of Education, the Ghana Education Service, and the Controller and Accountant General’s … Read more

RegencyNem, MD Pick Up Awards

THE recently-merged insurance company, RegencyNem Insurance, has been awarded with ‘Best Corporate Finance Deal of the Year’ at the 4th Business Executive Excellence Awards 2017 held in Accra. The company’s Managing Director (MD), Mr Bode Oseni, was also adjudged ‘CEO of the Year (Insurance)’ at the same awards. It would be recalled that in October … Read more

Defaulter of Insurance Recapitalization To Lose License By Mid 2017

All but one of the fifty insurance companies have met the new minimum capital requirement set by the National Insurance Commission (NIC). As a result, the company has until June 2017 to recapitalize in order to escape a possible revocation of its license. This is the indication from the Commissioner of Insurance, Lydia Lariba Bawa. … Read more

Defaulter To Lose License By Mid 2017

All but one of the fifty insurance companies have met the new minimum capital requirement set by the National Insurance Commission (NIC). As a result, the company has until June 2017 to recapitalize in order to escape a possible revocation of its license. This is the indication from the Commissioner of Insurance, Lydia Lariba Bawa. … Read more

Warren Buffett Talks IBM, Airlines, Apple At Annual Meeting.

Tens of thousands of people gathered to hear Warren Buffett impart wisdom and answer questions at Berkshire Hathaway’s annual shareholders meeting, which kicked off Saturday morning. Thousands more are likely to tune in via Yahoo Finance, which is livestreaming the festivities. There’s plenty for Buffett, 86, and right-hand man Charlie Munger, 93, to talk about. … Read more

Warren Buffett Says Coal Won’t Make A Comeback

Billionaire investor Warren Buffett on Saturday said he doubted coal could make a comeback, dismissing a push by US President Donald Trump to revive the declining American industry. “If you are tied to coal, you’ve got problems,” he told the annual shareholders meeting of his Berkshire Hathaway holding company in Omaha, Nebraska. “Coal is going … Read more

IBM Tumbles As Buffett Discloses He Is Trimming Stake

IBM shares tumbled Friday after billionaire investor Warren Buffett revealed he has sold about a third of his stake and “revalued” downward the computing giant. In early Wall Street trade, IBM shares were down 2.5 percent at $154.00. Buffett, one of IBM’s biggest shareholders, told CNBC he had divested shares in the first and second … Read more

ECG Privatisation In Limbo

Even though President Nana Addo Dankwa Akufo-Addo announced at the May Day celebrations that his administration had renegotiated for a 51 percent stake in the Electricity Company of Ghana (ECG) under Ghana’s Power Compact II with the United States of America (USA), it appears Ghana may not be able to meet the timelines. Should this … Read more

Hong Kong Firm Snaps Up London Skyscraper In $1.47bn Deal

A Hong Kong property developer has confirmed the near completion of its almost $1.5 billion purchase of London’s “Cheesegrater” tower, as it takes advantage of the pound’s slump to snap up addresses in the British capital. C C Land’s acquisition of the 224-metres-high Leadenhall Building, which earned its nickname from its wedge shape, is the … Read more

Praise Allah! Islam Goes Evangelical In Nigeria’s South

Sunday morning is usually the preserve of Christian pastors in the Nigerian megacity of Lagos but a new form of worship is emerging to challenge the monopoly. “Praise Allah!” shouts the imam of the Nasrul-lahi-li Fathi Society of Nigeria (NASFAT) before thousands of his faithful, gathered under tents on the outskirts of the city. Pacing … Read more

John Deere Drops Merger Plan With Monsanto Unit

US farm equipment giant John Deere has dropped plans to acquire a unit of Monsanto amid concerns the merger would be challenged by regulators. Deere & Company had announced in November 2015 its plan to purchase Precision Planting LLC, a company owned by Climate Corporation, a subsidiary of Monsanto. But competition authorities filed a complaint … Read more

Bash Street Kids Comic Legend Dies At 86

Comic artist Leo Baxendale, whose characters like the Bash Street Kids and Minnie the Minx entertained generations of young readers, has died. With his sense of anarchy and humour, Baxendale and his creations became a big part of the appeal of comics like Beano from the 1950s. He was regarded by aficionados as one of … Read more

How English-Born Ghanaian Dan Agyei Is Slowly Making A Career For Himself

The striker was signed on loan by Tony Mowbray during the summer Former Coventry City loan striker Dan Agyei is making good progress with parent club Burnley in the Premier League. The 19-year-old forward has made three substitute appearance for the the Clarets, including a late cameo appearance against Manchester United on Sunday. Agyei worked … Read more

NGO Backs Call To End Rote Method of Teaching

The Sabre Charitable Trust, a not-for-profit organisation, has backed a call by the Deputy Minister for Gender and Children, for an end to the rote method of teaching in schools. The organisation says quality teaching during the early years a child’s education lays the foundation for a well-equipped and critical-thinking population. “We support Madame Gifty … Read more

Pacquiao Declares ‘I’m Not Done Yet’

Veteran Filipino Manny Pacquiao said Monday he plans to show he is “not done yet” when he defends his world title against Australia’s Jeff Horn in Brisbane in July. The eight-weight world champion said the bout with the undefeated Horn was an opportunity to prove he could continue to be a global force at the … Read more

Insurance Brokerage Firms On the Rise

More insurance broking firms have entered in Ghana’s insurance industry’s landscape in 2016. The number has increased from about 65 to 85 in 2017. Last year about 10 broking companies were given operational license to start business in the country. These companies include Anchor Premier Brokerage Ltd located at the Procurement agency building in Kokomlemle, … Read more